Business News

The Federal Government is expecting 1,268 megawatts of power from the concession and development of eight brown and green field hydropower projects constructed through public private partnerships. It was gathered...

Pius Ukeyima Akutah, executive secretary/chief executive officer of the Nigerian Shippers Council (NSC), the country’s port economic regulator, has said that the Council and the Federal Ministry of Marine and...

Equity investors lost N67bn on Thursday, as the Nigerian Exchange returned to the red zone. Sell-offs in banking, insurance, and consumer goods sectors dragged the All-Share Index to a 0.12...

The Central Bank of Nigeria (CBN) is contemplating measures to prohibit Bureau De Change (BDC) operators from engaging in street trading and to impose a maximum cash purchase limit of...

According to the National Transportation Safety Board (NTSB) of the United States, Herbert Wigwe, the founder of Access Holdings Plc, was killed in a helicopter crash that began as a...

The Federal Government has said it is considering solutions that will ensure the disbursement of loans to Medium, Small, and Micro Enterprise within 14 days. It said the intended solution...

The Nigerian Institution of Safety Engineers says it will join hands with the government to put an end to building collapse in Nigeria. The newly-inaugurated Chairman of the Institution, Seun...

The Federal Government has spent N177.4bn to offset payment of the wage award promised to civil servants in four months, according to Saturday PUNCH findings. The payment of wage awards...

The Central Bank of Nigeria (CBN) is contemplating a substantial increase in the minimum share capital requirement for Bureau De Change (BDC) operators, proposing N2 billion for Tier 1 licenses...

South African climate fintech, Hohm Energy, has secured $8m in its successful final close of the seed round. According to a statement, this marks the largest seed round for a...